Spire Healthcare Group (LON:SPI) H1 2024 results
Key Financial Results
Revenue: GBP 762.5 million (up 13% compared to H1 2023).
Net profit: GBP 13.4 million (up 8.1% compared to H1 2023).
Profit margin: 1.8% (same level as H1 2023).
Earnings per share: GBP 0.033 (up from GBP 0.031 in H1 2023).
All figures shown in the chart above are for the trailing twelve month (TTM) period.
Spire Healthcare Group’s revenue and profits fall short of expectations
Revenues fell 2.4% short of analyst expectations. Earnings per share (EPS) also fell 36% short of analyst expectations.
Looking ahead, revenues are forecast to grow at an average annual rate of 5.3% over the next three years, outpacing the 7.4% growth forecast for the UK healthcare industry.
The performance of the UK healthcare industry.
The company’s shares are down 2.8% from a week ago.
Risk Analysis
Before you take the next step, you should be aware of the 1 warning sign we’ve spotted with Spire Healthcare Group.
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This article by Simply Wall St is of general nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks, and does not take into account your objectives or financial situation. We aim to provide long-term analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned herein.
